Credit Portfolio Group - Trader - Vice President

JPMorgan Chase; New York (NY); On-site; USD 200,000 - 275,000; Full time

Job summary

An established industry player seeks a diligent and self-motivated individual to join their Credit Portfolio Group in New York. This role requires a strong background in credit trading, particularly in loan products or credit derivatives, along with excellent quantitative and negotiation skills. You will be responsible for executing loan sales, managing credit strategies, and collaborating with portfolio managers to develop effective risk management solutions. Join a dynamic team that values innovation and offers a competitive rewards package, including comprehensive benefits and a commitment to diversity and inclusion.

Benefits

Health Care

Retirement Plans

Wellness Centers

Discretionary Incentives

Qualifications

• Minimum 2 years of trading experience; credit analysis experience preferred.
• Strong oral and written communication skills.

Responsibilities

• Execute loan sales and derivative hedging strategies.
• Collaborate with Portfolio Managers to identify risk management solutions.
• Analyze and reconcile risk positions.

Skills

Credit Trading Experience

Negotiation Skills

Technical Pricing Skills

Quantitative Skills

Communication Skills

Education

Degree-level Education

Job description

Credit Portfolio Group - Lending

The Credit Portfolio Group (CPG) Lending is a global function within the Markets division of CIB, comprising approximately 25 professionals across New York, London, Paris, and Singapore. The group focuses on Portfolio Management & Research (PM&R), aligned by industry and geography, and Trading & Distribution (T&D), which facilitates transactions through liquid and illiquid channels. Its primary goal is to manage the retained credit portfolio, balancing concentrated exposures with cost minimization, P&L stability, and capital efficiency. Portfolio managers and researchers collaborate with traders to develop strategies executed via secondary loan markets, CDS markets, and structured solutions.

Job Summary

We seek a diligent, quantitative, self-motivated, and outgoing individual with prior credit trading experience—preferably in loan products or credit derivatives—to join our team in New York. The candidate should possess strong negotiation and technical pricing skills and be capable of managing credit strategies from initial pricing to settlement.

Responsibilities

1. Execute loan sales and derivative hedging strategies.
2. Communicate market developments to management and team members.
3. Collaborate with Portfolio Managers & Research to identify risk management solutions.
4. Perform pre- and post-trade checks.
5. Analyze and reconcile risk positions.
6. Maintain and reconcile credit curves.
7. Review and approve risk and P&L reports.

Qualifications

• Minimum 2 years of trading experience; credit analysis experience preferred.
• Intellectual curiosity and passion for markets and investing.
• Strong oral and written communication skills.
• Current knowledge of loan and CDS products.
• Excellent quantitative skills; degree-level education.
• Ability to exercise sound judgment under pressure.
• Proven leadership and collaborative team skills.

Company Overview

JPMorgan Chase, with over 200 years of history, offers innovative financial solutions globally, serving consumers, small businesses, and prominent clients across various sectors. We provide a competitive rewards package, including base salary, potential commissions, discretionary incentives, and comprehensive benefits such as health care, retirement plans, wellness centers, and more.

We value diversity and are an equal opportunity employer, committed to inclusion and reasonable accommodations for applicants and employees.

Compensation

Base salary in New York ranges from $200,000 to $275,000 annually.